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Stock impact report

iLEARNINGENGINES ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against iLearningEngines, Inc. and Encourages Investors to Contact the Firm

iLearningEngines, Inc. (AILE) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against iLearningEngines, Inc. (“iLearningEngines” or the “Company”) (NASDAQ: AILE) in the United States District Court for the District of Maryland on behalf of all persons and entities who purchased or otherwise acquired iLearningEngines securities between April 22, 2024 and August 28, 2024, both dates inclusive (the “Class Period”). Investors have until December 6, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. On August 29, 2024, before the market opened, Hindenburg Research published a report titled “iLearningEngines: An Artificial Intelligence SPAC With Artificial Partners and Artificial Revenue.” In its report, Hindenburg Research alleged that nearly all of the Company’s revenue and expenses in 2022 and 2023 were run through Show less Read more
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